Accurate, dependable appraisal services in Maricopa County.It doesn't matter what type of home you have. Our knowledge of local neighborhoods and hours of study as licensed appraisers make us qualified to provide home valuations in Maricopa County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers. Leading appraisal experts for:
Matrix Appraisal GroupMaricopa AppraiserTechnology plays a high profile role in how Matrix Appraisal Group does business. It helps keep prices low while simultaneously achieving high quality and service. And above everything, we are conscious of the importance of professional customer service. Naturally, we treat you like we'd want to be treated ourselves whether we're in person, having a phone conversation or communicating in e-mail. Our objective is simply an unbeatable experience for our customers. See for yourself why we're different. Call us today. Contact Us |
Got a Question?
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.
|
||
| Mortgage Demand Regressing Amid Rapid Rate Spike | ||
| 11/6/2024 1:36 PM | ||
| In today"s weekly mortgage application survey from the MBA, the average 30yr fixed mortgage rate only rose from 6.73 to 6.81%. Meanwhile, daily average rates are already back over 7%. Any way you slice it, rates have been rising quickly and the fallout is completely unsurprising when it comes to refinance applications. For context, h...Read More | ||
| Existing Home Sales Update: Still Bad | ||
| 10/23/2024 2:15 PM | ||
| Housing was chugging right along in early 2020, then covid happened. Housing experienced lots of unexpected volatility with the most important development being a huge increase in demand and prices... at first. Once rates began skyrocketing (relatively) and the frenzy began to subside, home sales numbers tanked to the weakest levels since th...Read More | ||
| Mortgage Apps Aren"t Crashing. They"re Just Being Logical | ||
| 10/23/2024 1:53 PM | ||
| The Mortgage Bankers Association (MBA) keeps track of applications for purchase and refi mortgages every week. Purchase apps are slower moving, less responsive to rates, and generally bouncing along the lowest levels in more than 20 years since the end of 2023. As such, we"ll forget about them and move on to refi applications which have...Read More | ||
| Mixed Signals in New Home Construction Data | ||
| 10/18/2024 2:01 PM | ||
| While this technically signals some cooling in new construction potential, it wasn"t much more of a drop than investors expected. Moreover, there has been a gradual cooling trend intact for more than 2 years. That"s not as ominous as it sounds considering construction activity is still higher than it was in mid-2019. Housin...Read More | ||
| Purchase Applications Respond to Another Small Rate Dip | ||
| 9/4/2024 7:14 AM | ||
| Interest rates continued their slow decline last week while application volume is inching up almost as slowly. The Mortgage Bankers Association (MBA) reports a 1.6 percent increase in its seasonally adjusted Market Composite Index , a measure of mortgage loan application volume. On an unadjusted basis, the Index gained 0.2 percent over the prior w...Read More | ||
| Pending Home Sales Set a New Record, but not in a Good Way | ||
| 8/29/2024 10:54 AM | ||
| Home sale numbers continue to retreat and in July the National Association of Realtors’® (NAR) Pending Home Sales Index (PHSI) fell to its lowest level…. Ever! Based on signed sales contracts for existing single-family houses, townhomes, condos, and cooperative apartments, the PHSI was down 5.5 percent from June to 70.2. This is 8.5 percent low...Read More | ||
| Mortgage Apps Stall as Borrowers Seem to be Waiting on Fed | ||
| 8/28/2024 7:04 AM | ||
| The mortgage market seemed to be in a wait-and-see mode last week as the Federal Reserve signaled a might, maybe, we are thinking about it, approach to a September rate cut. In the interim, most interest rates inched lower. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, incr...Read More | ||
| Slowing Home Price Gains Still Outstrip Inflation | ||
| 8/27/2024 10:51 AM | ||
| Two major home price indices show home price appreciation is still running well above historical norms. However, increases in the S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency’s (FHFA’s)Housing Price Index (HMI) were all slightly smaller than the prior month. The Case-Shiller National Home Price Index, covering all ...Read More | ||
| Are Existing Home Sales Done Sliding? | ||
| 8/22/2024 1:39 PM | ||
| Existing Homes (the jargon word for a home that has already been owned and occupied) represent a much larger piece of the home sales pie compared to new homes, but the series has been flagging at historically low levels. When rates dropped at the end of 2023, existing sales perked up a bit, but had been moving back toward the long term lows ...Read More | ||
| Last Week"s Refinancing Surge Quickly Fades | ||
| 8/21/2024 7:21 AM | ||
| Two weeks ago, we saw a sudden surge in refinancing activity. The Mortgage Bankers Association (MBA) reported that, during the week ended August 9, its Refinancing Index soared by almost 35 percent, reaching its highest level in over two years, and refinancing represented nearly half of all mortgage applications that week. A bubble? Perhaps, but a...Read More | ||